Press Releases

Rimini Street Expands Las Vegas Worldwide Headquarters and Workforce

8/6/2015

New “Phase II” facility expansion will seat 60 new hires to support rapid global growth

LAS VEGAS, August 6, 2015 - Rimini Street, Inc., the leading independent provider of enterprise software support for SAP AG's (NYSE: SAP) Business Suite and BusinessObjects software and Oracle Corporation's (NYSE: ORCL) Siebel, PeopleSoft, JD Edwards, E-Business Suite, Oracle Database, Oracle Middleware, Hyperion and Oracle Retail software, today announced the opening of its next phase (Phase II) expansion of the Company's worldwide headquarters in Las Vegas, and the posting of 60 new jobs to staff this expansion located in the Hughes Center. The new staff positions include roles in finance, IT, legal, marketing, facilities, administration and software engineering, and will support Rimini Street's rapid global growth.

Founded in Las Vegas in 2005, Rimini Street now has more than 600 employees and has signed more than 1,000 clients – including over 100 Fortune 500 and Global Fortune 100 organizations. The Company has achieved more than US$100 million in annual revenue with 38 fiscal quarters of consecutive growth. Rimini Street serves clients in more than 90 countries, with global operations in Brazil, UK, Germany, India, Israel, Australia, Japan and China.

“Las Vegas is gaining recognition as a center of global technology thanks to market-disrupting, innovative and fast-growing technology companies like Rimini Street that continue to expand their investments in Nevada,” said McMillan. “We look forward to celebrating Rimini Street’s success and expansion in Las Vegas and across the globe.”

"Rimini Street was founded in Las Vegas 10 years ago because of the city's business friendly climate, capable workforce, and the logistical and technical advantages of McCarran Airport and Switch SUPERNAP data centers that companies can leverage," said Seth Ravin, Rimini Street CEO. "Rimini Street sees Las Vegas as a significant competitive advantage for a worldwide headquarters location, and we plan to add hundreds of new jobs to support the local community. In addition, the Rimini Street Foundation is actively supporting and working with many community organizations to assure that Rimini Street is giving back to the community that has provided us so much support over the years."

About Rimini Street, Inc.

Rimini Street is the global leader in providing independent enterprise software support services. The company has redefined enterprise support services since 2005 with an innovative, award-winning program that enables Oracle and SAP licensees to save up to 90 percent on total support costs. Clients can remain on their current software release without any required upgrades for at least 15 years. Over 1000 global, Fortune 500, midmarket, and public sector organizations from a broad range of industries have selected Rimini Street as their trusted, independent support provider. To learn more, please visit www.riministreet.com.

Forward-Looking Statements

This press release may contain forward-looking statements. The words “believe,” “may,” “will,” “estimate,” “continue,” “anticipate,” “intend,” “plan,” “expect,” and similar expressions are intended to identify forward-looking statements. These forward-looking statements are subject to risks and uncertainties, and are based on various assumptions. If the risks materialize or our assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. Rimini Street assumes no obligation to update any forward-looking statements or information, which speak only as of the date of this press release.